Tag: Credit unions
Sparda bank customers have to switch to new online banking
Sparda Bank Baden-Württemberg Seven Sparda banks, including Sparda-Bank Baden-Württemberg, are changing their IT service provider. Significant changes in online banking follow for their customers. (Photo: mauritius images / KH-Pictures /…
Sparda bank customers have to switch to new online banking
Sparda Bank Baden-Württemberg Seven Sparda banks, including Sparda-Bank Baden-Württemberg, are changing their IT service provider. Significant changes in online banking follow for their customers. (Photo: mauritius images / KH-Pictures /…
Data leakage is now also the concern of the financial regulator
The financial regulator Bafin is concerned with data leaks at banks and insurers The Comdirect, which is part of Commerzbank, also confirmed that criminals had access to customer data. (Photo:…
Savings banks want to close locations: Brandenburg’s Prime Minister warns
Central Brandenburg Savings Bank in Potsdam The Mittelbrandenburgische Sparkasse is one of the largest savings banks in Germany. It wants to close about a quarter of its branches. (Photo: imago…
Data leak also affects customers of the direct banks ING and Comdirect
ING Bank logo According to the Dutch bank, a low four-digit number of customers who used the statutory account switch were affected by a hacker attack at a service provider.…
What will change for bank customers?
card payment Newly issued giro cards will soon no longer have a Maestro function. (Photo: IMAGO/Shotshop) Frankfurt Consumers in Germany are increasingly paying with the Girocard, better known by its…
What will change for bank customers?
card payment Newly issued giro cards will soon no longer have a Maestro function. (Photo: IMAGO/Shotshop) Frankfurt Consumers in Germany are increasingly paying with the Girocard, better known by its…
Volksbanks and Raiffeisenbanks are changing their security system
People’s Bank The Volks- und Raiffeisenbanken have voted for a reform of their security system. This should not increase the total payments. (Photo: imago images/Michael Gstettenbauer) Frankfurt The German Volks-…
Around 15 million Girocards will be able to go online
savings bank Six savings banks have already started or completed the conversion to Girocards with an additional Mastercard function. (Photo: SZ Photo) Frankfurt In the next six months, many Sparkasse…
Deposits rise to 535 billion euros
The Frankfurt banking skyline For a long time, time deposits were not attractive for either savers or banks. That changed radically after the turnaround in interest rates. (Photo: dpa) Frankfurt…
Why banks and customers are staying longer again
The Frankfurt banking skyline For a long time, time deposits were not attractive for either savers or banks. That changed radically after the turnaround in interest rates. (Photo: dpa) Frankfurt…
Why banks and customers are staying longer again
The Frankfurt banking skyline For a long time, time deposits were not attractive for either savers or banks. That changed radically after the turnaround in interest rates. (Photo: dpa) Frankfurt…
DZ Bank collects 1.1 billion euros with AT1 bond
Headquarters of DZ Bank in Frankfurt’s Westend Tower The leading cooperative institute collects more money than originally planned with an equity-like loan. (Photo: dpa) Frankfurt There has been a lot…
DZ Bank collects 1.1 billion euros with AT1 bond
Headquarters of DZ Bank in Frankfurt’s Westend Tower The leading cooperative institute collects more money than originally planned with an equity-like loan. (Photo: dpa) Frankfurt There has been a lot…
Savings banks and Volksbanks are considering bonding technology
Blasted ATM In 2022, almost 500 ATMs in Germany were blown up, more than ever before. (Photo: IMAGO/Jochen Tack) Frankfurt The first savings banks and Volksbanks are considering using the…
Savings banks and Volksbanks are considering new technology to protect ATMs
Blasted ATM In 2022, almost 500 ATMs in Germany were blown up, more than ever before. (Photo: IMAGO/Jochen Tack) Frankfurt The first savings banks and Volksbanks are considering using the…
61 million euro glitch at DWP Bank
stock price The background to the multi-million dollar glitch is a complex certificate business for a private custody account customer. (Photo: Bloomberg/Getty Images) Frankfurt The German Securities Service Bank (DWP),…
The EU Commission’s reform proposals are met with resistance
Germany’s financial metropolis Frankfurt The German banks and savings banks see massive interventions in their security systems in the EU reform plans. (Photo: E+/Getty Images) Frankfurt, Brussels According to the…
Apobank boss Matthias Schellenberg agrees to job cuts
Matthew Schellenberg The head of Apobank is trying to further reduce the costs of the money house. The cost-income ratio is comparatively high at almost 76 percent. (Photo: Apobank) Frankfurt…
Overdraft interest increases significantly more than call money interest
People’s Bank and Savings Bank At least 43 percent of German banks do not pay any interest on call money, and the proportion is slightly higher for cooperative banks and…